![]() ![]() 24.Īccording to industry sources, Russia's military demand tripled before the invasion as it had to supply large numbers of tanks and trucks in the field. Meanwhile, military demand started to rise from the start of February, even before Russia invaded Ukraine Feb. Since the conflict began, Russia has largely stopped publishing any production data. The increase continued in January 2022, when diesel output once again rose above the 7 million mt level, at 7.408 million mt, compared with 6.683 million mt in January 2021. However, it climbed to 7.382 million mt in December compared with 6.842 million mt in November 2021 and 6.752 million mt in December 2020. Russia's monthly diesel output has typically been between 6.6-6.8 million mt, rarely exceeding 7 million mt, with variations depending on the refinery maintenance season. "Diesel consumption by Russia's military is propping up Russia's diesel/gasoil demand in the second quarter of 2022, which is expected to near second quarter 2019 levels as a result," Rebeka Foley oil market analyst, Europe at S&P Global Commodity Insights said. Other analysts said that calculating precise estimates is more complicated, however, and actual supplies could be higher. "A possible rough estimate is around 15 million liters/day for all types of fuel combined, including about a quarter on jet fuel," George Voloshin of Aperio Intelligence said in reference to the volume of fuel Russia's military is consuming fighting the war. The campaign may be consuming almost 6% of Russia's total diesel refining output, according to an S&P Global Commodity Insights estimate. Official data from the Russian energy ministry shows that domestic diesel output started to rise in December, and consumption started to increase from February, which coincides with the order to invade Ukraine. Receive daily email alerts, subscriber notes & personalize your experience. ![]()
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